Staff Reporter
Citi’s Corporate and Investment Banking sees 84% rise in M&A fees
Citi’s Corporate and Investment Banking sees 84% rise in M&A fees
It captured 5% of the global investment banking wallet share in Q1.
SG banks to report mixed NIM, strong wealth and trade income for Q1
NIMs for the quarter may be flat to declining quarter-on-quarter.
Thai banks’ net profits rose 5% in Q1
For 2025, the banks are expected to report lower NIMs and a 1% loan contraction.
Majority of Philippine banks maintain loan standards in Q1
Over 8 in 10 banks anticipate maintaining loan standards in Q2 2025.
Cambodia and Japan enable QR code payments between the two countries
Bakong system users can pay using JPQR, and Japanese users can eventually pay through the KHQR.
CIMB Philippines says fund transfer issue ‘resolved’
All affected customers have had their funds returned, the bank said
Bangkok Bank, The Mall Group launch campaign to expand co-branded card customer base
They also plan to develop new products aimed for foreign tourists, especially those from China.
Eight financial institutions defaulted in 2024: S&P
Majority are NBFIs, and most are located in the Americas.
BSP ‘closely coordinating’ with CIMB to resolve unauthorized fund transfers
The BSP said that it will continue to monitor the issue until it is fully resolved.
Citi names Goldman Sachs banker as head of markets solutions in Asia South & North
Chan spent 10 years as head of FICC and equity distribution for SEA at GS.
Revolut Singapore hits first year of net profitability in 2024
Annual revenue rose 70% YoY and profit margin is 15%, it said.
Uno Digital Bank enhances lending with new loan management system
It reportedly reduces manual lending processes and supports multichannel disbursements.
Standard Chartered names Andrea Casati as head of client dev’t for global banking
Casati will be based in Hong Kong.
HSBC Singapore unveils wealth centre at The Star Vista mall
Premier customers can enjoy complimentary refreshments at the adjacent café.
Alipay’s QR payment tap solution surpasses 100 million users
Ant Group said that it is investing CNY10b to grow the Alipay Tap! ecosystem.
Dah Sing Bank warns against seven fraudulent websites
Customers are reminded to check the URL and look for a secure padlock icon.
Thailand’s credit and charge card payments to rise 7.1% to $65.6b in 2025
Benefits such as rewards points, discounts, and cashbacks helped push for its growth.
Thought Leadership Centre
In Association with
Most Read
1. DBS surpasses US$100b market cap 2. DBS first to accept CPF LIFE payouts for credit card applications 3. OCBC’s revised Great Eastern bid seen having limited financial impact: RHB 4. Citi to slash 3,500 jobs in China 5. OCBC backs Great Eastern delisting bid with S$0.9b exit offer at EGMResource Center
Read Here
Advertise
Sign Up
Awards
Jul
03
Jul
03
Jul
08
Event News
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.
